Next Week Market Will Start Charging Since Holiday Over !!!

 

 

1. RCECAP - Sold them off at 0.475sen. ^^ It went up as high as 0.485 after a 1.5sen dividend announced.

 

2. IVORY - Q result seem fantastic but i think could be one off revaluation of property that causes a big jump in profit. Nevertheless, it is good enough to spur the price up further hopefully. ^^

 

3. MNRB - 17sen dividend announced.

 

4. KSL - Started to move. ^^

 

5. Watch List - HAPSENG, MALTON, IVORY, NAIM, KPS, SAM, KSL, MNRB, APOLLO

 

6. Teng, DIJARCO is having Rigth Issue ratio of 4:5 at 1.20. This right issue exercise price seem high, there is not much discount from the underlying stock. :(

 

7. Good Luck.

Make Money Every SIngle Day !!!

 

 

1. RCECAP - Sold partially again at RM0.475. Just declared 1.5sen dividend. Hope more upside tomorrow. ^^

 

2. IVORY - Follow hng, buy in ivory at 0.52sen. Let's huat. ^^ :)

 

3. APOLLO - Did not expect this one !!! Bought it back again and with lower cost at RM3.24. ^^ Just declared 20sen dividend. Surge again tomorrow ?? We will wait and see. ^^ :)

 

4. I did a look back on my trading record. I noticed i make money almost on every single day since July 2012. ^^ Wow !!! did not expect such a good trades from me so far. Consistently if i can maintain my winning record till year end, it would most likely surpassing my investment earning of year 2011. Trading as such become a daily affair for me. I am currently at 65% of my previous year earning, 3 more months for me to break previous record. Hope i can achieve that. ^^

 

5. Watch List - RCECAP, IVORY, APOLLO, DIJARCO, HUNZPTY, YILAI

 

6. Good Luck. ^^

Scalp Trades Dated 28/8/2012

1. SUNREIT - Buy more at 1.44.

2. RCECAP - Sold partially at 0.475. ^^

3. AFFIN-CF - Net worth for today is 0.1707. Buffer shrink to 0.0107sen. Hope to gain at least 1sen here.

 

4. BJTOTO - Last minute surge. Something on ?

 

5. Watch List - IVORY, BJTOTO, SUNREIT, KSL, MBSB, YILAI, WCT, FABER, OSKPROP

 

6. All the best & Good Luck.

IGB REIT IPO Starting Today

1. PAVREIT - Bought in RM1.34 and sold at RM1.35. 1sen profit. :)

2. APOLLO - Take profit at RM3.30. Closed at RM3.31 not bad not bad.

3. IGB REIT - Will try my luck on this one. ^^
Opening of application 27/08/2012
Closing of application 04/09/2012
Balloting of applications 07/09/2012
Allotment of IPO shares to successful applicants 20/09/2012
Tentative listing date 21/09/2012

4. AFFIN-CF - This one enter the 3rd day for cash settlement. Current value stood at 0.1720sen. There is still 0.1720 - 0.16 = 0.012sen buffer before it end on the fifth day which is on Wednesday 29/8/2012. Very high chance will be making money on this one. ^^ :)

5. Watch List - SUNREIT, APOLLO, WCT, KSL, IGB, MNRB, GAB, PAVREIT & ARREIT

6. Good Luck.

OSKPROP Right Issue Over Subscribed By 54.16%

 

 

1. OSKPROP - The Rights Issue with Warrants as at 5.00 p.m. on 16 August 2012 are set out in table below:-

	No. of Rights Shares	%
Acceptances	18,105,096	96.59
Excess applications	10,790,838	57.57
Total acceptances and excess applications	28,895,934	154.16
Total Rights Shares available for subscription	18,744,703	100.00
Over subscription	10,151,231	54.16

2. AFFIN-CF - Bought in at 0.16sen. The current net worth on this Call Warrant is around 0.1733 as we enter the 2nd day of cash settlement. I will try to buy more with my limited fund available on Monday if the underlying share price remain steady. ^^

 

3. RCECAP - Aim for it 1.5sen dividend anytime soon. Bought in at 0.47sen today. Hope for the best. Taking a risk here as their net profit for 1Q has shrink a lot. :(

 

4. APOLLO - Price steady at 3.26. ^^ Will announce 20sen dividend soon but even with that, the ex-date is relatively long in DEC 2012 or so. :(

 

5. GAB - Beautifully chalk up 30sen today while pending for the propose dividend announcement of more than 44sen maybe. The actual dividend announcement will be around OCT 2012.

 

6. Watch List - OSKPROP, APOLLO, RCECAP, AFFIN-CF

 

7. Good Luck. !!!
- Right issue

Sold All KASSETS

 

 

1. KASSETS - Sold all my remaining kassets at RM9.07. ^^ Will buy back if there is any chance. Will try my luck on IPO ot buy straight from the market when IGB REIT goes listing. :)

 

2. APOLLO - Likelihood that tomorrow will announce at least 20sen dividend after trading. Have loaded some in and join hng. ^^ Expect good result and send the price up further. ^^

 

3. KSL - Expect to announce its 2Q result this weekend as well. Hopefully there is 5sen dividend as well. ^^

 

4. AFFIN-CF - Bougth in at 0.16sen and sold them off at 0.165sen. Half sen profit. ^^ Affin-CH enter the 1st day of cash settlement. Average price is at RM3.5311, mean the net worth for Affin-CF is at 0.177sen. Worth to take in if 2nd day average price stay at 3.53. Keep close watch. ^^

 

5. HEKTAR - Giving right issue at 1.23, ex date on 29/8/2012. Listing of right issue is on 4/9/2012. Close watch as well. ^^ :)

 

6. Watch List - KASSETS, APOLLO, KSL, AFFIN-CF, HEKTAR, BRDB, SUNREIT, ARREIT

 

7. Good Luck !!!

I Thought I Saw A Pussy Cat ?

1. SUNREIT - Sold at RM1.52 and bought it back with smaller quantity at RM1.50. What i don't know that it is ex on today. :) ^^ On top of the contra gain, i entitled for its DPU as well. :) I thought i saw a pussy cat. ha ha ha ... Not bad not bad.

2. KASSETS - Still keeping this guy, might opt for IGB REIT since i can't sell the price that i offered. :(

3. OSKPROP - When is the listing of its Warrants ?

4. Watch list - APOLLO, SUNREIT, ARREIT, YILAI, FABER, WCT, KSL, AFFIN-CF

5. Good Luck.

Another Busy Trading Day

1. FABER - Sold my Faber at RM1.35. It rammed up to as high as RM1.41 before settling at RM1.38. I missed the rally. :(

2. KASSETS - Matched partially at RM9.18. ^^ Keeping remaining for further up side or keeping them for IGB REIT distribution. Either way should be fined for me. ^^

3. MAYBANK - Gotten them at 8.90 & 8.94 respectively and sold off all of them at RM9.04. Make good profit just within 2 days. ^^ :) Further up side envisage, probably will go pass 9.50 level. Wait & see, if there is any chance of buying back. Buy higher sell higher. ^^

4. SUNREIT - Buy in few batches, 1.52, 1.50 & 1.49 respectively. Bought in big this time, hope to reap some quick profit come next week. More information about the prospect of SUNREIT please visit here SUNREIT Revaluation Gains a Boost.

5. First would like to congratulate hng for his yet another big gain in WCT-WB. :) ^^. Good job brother. The rest just keep "Laughing All The Way To The Bank" ^^

6. Watch List - ARREIT, SUNREIT, MAYBANK, WCT, AFFIN-CF, FABER, OSKPROP, KASSETS

7. Good Luck.

What Cyber Friends Talk About IGB REIT !!?

1. FABER - Sold them at RM1.34 and bought them back at RM1.33. 1sen profit. :) ^^

2. MAYBANK - Maybank delivers a very good set of Q2 result couple with 32sen dividend. :) ^^ Bought in 2 batches at RM8.94 and RM 8.90 respectively.

3. IGB REIT - What are the view from our cyber friends :-

Teng said...

Alwayswin111

I always believe in personal experience. If you go to Midvalley,weekeday or weekend,it is always crowded. Just calculate how much parking they collect esp during weekend.

August 16, 2012 9:29:00 AM GMT+08:00

hng said...

Sold some WCT at 2.53, realize contra profit

August 16, 2012 9:30:00 AM GMT+08:00

Tay SK said...

Horse I think they should distribute it back to kassets shareholders. However to be conservative I don't put high hopes of 1.25 price. IHH indicative price was 2.85 but final institutional price was 2.80. Likewise for igbreit i think a final ipo price of 1.20 is a better Price to calculate its fair value. (5240x1.20) + 2430 + (0.2 x 1000x670M/521M) = rm8975 or roughly 8.98 share price.
If based on rm1.25 we get fair value of 9.30 as a bonus.

August 16, 2012 9:41:00 AM GMT+08:00

hng said...

Teng/alwayswin111/horse/Tan SK

The ultimate aim invest in REITS is for steady income. IGB REITs offer not only 5% yield but the most important is strategical location ensure 100% occupancy at all time and capacity to increase rental rate as well as capital appreciation through revaluation surplus.

With that, IGB REITs stand out as preferred REITs class among others REITs.

August 16, 2012 9:49:00 AM GMT+08:00

hng said...

Tan SK

If Kassest manage to raise fund by offerring higher IGBREITs at 1.25 instead of 1.00, Kassset shareholder will not only entitle similar unit of IGB REITs but also will increase amount of capital repayment to shareholder

August 16, 2012 9:54:00 AM GMT+08:00

4. OSKPROP - Just announced Q2 result, profit drop half from it corresponding Q2. :( Proposed 5sen dividend. ^^

5. Watch List - WCT, OSKPROP, MAYBANK, CYPARK, HAPSENG, KASSETS, MNRB

Bought In KASSETS

1. KASSETS - Finally bought in KASSETS in 3 batches. 8.94, 8.93 & 8.92. Trending lower. :(

2. FABER - Staying very firm. :) Good sign.

3. OSKPROP - No show :( most likely it will start to come when right issue is completed. :) ^^ Hopefully.

4. Watch List - KASSETS, WCT, FABER, OSKPROP, HAPSENG

5. Talking about fund. I have one reasonably big sum for the coming IGB REIT IPO and my tradable fund now left 20%. Majority fund all went into OSKPROP. Just like hng's WCT-WB, i do hope OSKPROP can run well after completion of right shares. Hope WCT-WB and OSKPROP can both have strong rally in this week or next. ^^ We will then Laughing All The Way To The Bank.

6. Good Luck.!!!

Scalp Trades Dated 13/8/2012

1. FABER - Sold first at RM1.35 and bought all back at RM1.33. 2sen profit. :) ^^ Certainly have high hope on this. Will bang this in and out when opportunity allow. :)

2. RCECAP - 1Q profit drop by 59%. :( Avoid this counter temporary.

3. OSKPROP - Up 2.5sen. :) Looks like confident level has improved. ^^ More upside would be anticipated.

4. KASSETS - Thanks Tay SK for the information on this. Have not buy in this as yet. Still searching for right price to enter. :(

5. POS - Congratz to Gark !!! Managed to sell above RM3+. Ex-date on the 15/8/2012. Tomorrow would likely the last push before settle with ex-price.

6. AFFIN-CF & MBSB-CB - As mentioned by Teng, these two will be expiring on the same date. Of the two, i would prefer AFFIN-CF as the ratio is higher and it would probably be safer as the underlying stock will need to be bashed down more for lesser value of CW and it is VWAMP as such manipulator will need more effort on this. Keep a close eye on this. ^^ :)

7. E&O - Avoid this at the moment. :(

8. WCT - Need to breach RM2.60 hurdle before commanding more up surge.

9. Watch List - OSKPROP, WCT, KASSETS, FABER, ARREIT

10. Good Luck. !!!

KASSETS - Can Someone Clarify This ??

1. KASSETS - Will trying to buy this but i am concern on Tay SK questions below. Is that true that Capital Repayment take 6 months to realize and distribution of IGB REIT take a month to complete from listing date?? If that is so, capital will be tied down for sometime :( We might lose out opportunity time if somehow there is one come around. :( Can someone clarify this ??

Tay SK said...

I was wondering why people would be buying ABOVE the value of 8.98 for KASSETS. Why give it a premium when IGBREIT at 1.25 is only giving indicative yield of 5.1%? i scare there is not much upside to the igbreit price anymore. Frm my knowledge, the capital repayment will take place within 6 months so your 25% capital will "locked in" without earning money if buying at a premium. I note that the distribution in specie may take up to a month frm listing date to be completed. Please correct me if wrong. :)

2. FABER - Bought in at RM1.32. ^^ :). Join in the club.

3. RCECAP - Sold all at 0.475. Half sen profit. ^^ :)

4. OSKPROP - Offering Condominiums and unique waterfront & garden-front luxury villas in Cyberjaya. Understand that phase 1 Condominiums already sold out and phase 2 is now open for sale. The Luxury Villas is from 1.4m onwards. Wow truly high class and unique. Hope this is a vibrant village and coming 2Q will have better result. ^^ :)

5. WCT - Congratz to hng and those that join in the club. Looks very promising. ^^ :) Multi-5 figures profit should be reachable. All the best to all.

6. Watch List - KASSETS, OSKPROP, WCT, FABER, RCECAP

7. Good Luck !!!

What You Get If Holding 1000 Kris Assets Shares ?

1. RCECAP - Bought in at 0.47sen. I am not recommending this stock, my way of trading this stock is simple. I am striking for quick scalp gain here not intended for long holding, so comrades please don't follow if you are looking for big gain. I think RCECAP will be due to declare 1.5sen dividend either tomorrow or next week couple with 1Q result. Earning half sen to 1 sen should not be a problem. :) ^^

2. KASSETS - Wow !! garner 18sen today :( I just gone through the proposal and i extracted the below :-

Meaning if i hold 1000 KASSETS shares, first i will be giving distribution units of IGB REIT 5240 shares, secondly i will get back some cash of RM2431.94.

Which mean if i buy KASSETS now at RM8.95, after offset the cash that i get back ( 8950 - 2431.94 = 6518.06) and divide by the no. of distribution units RM6518.06 / 5240 = RM1.24. Every IGB REIT will cost me RM1.24. The indicative IPO price is at RM1.25. Save 1sen here. ^^ :) Look like not a bad deal after all. Is that so simple ??

3. Watch List - WCT, OSKPROP, RCECAP, KASSETS

4. hng, congratz on you WCT-WB. :) ^^

5. I just received my dividend on WTK and BJTOTO. :) ^^

WCT - The Next Roarer Horse !!!

1. OSKPROP - Sold some at RM1.00 for the batch that i bought at an average price of RM0.985. ^^ :)

2. OSKPROP-OR - Swap from OSKPROP and bought more OR at RM2.68 to get more of it right shares. ^^ :) I ask the Investment Bank staff whether i can apply excess for Right, they ask me to try but i am quite sceptical of it getting the application approved even if i do apply as hng pointed out that this is a special case where the right comes with BI. Nevertheless, i still putting small hope here by applying a very small quantity of 5000 units excess. ^^ Putting a side 5K is something still can be afforded without upsetting my trading limit much. Hoping for a miracle then. LOL !!!

3. IGB REIT - Thanks gark for the input. I will still go with my IPO on this, as this is the separate fund that meant solely for IPO.  ^^ :)

4. WCT-WB - Way to go hng being one of the top 20 major warrant holder. ^^ All the best and hope WCT roar big time, went surpass RM3 mark !!!!! HUAT Ah. :)

5. Watch List - OSKPROP, WCT, AMPROP, RCECAP, ARREIT, YTLP-WB

6. Good Luck !!!

IGB REIT

1. IGB Reit -

 Details on Prospectus

Offer Type	:	IPO
Fund Name	:	IGB Reit
Board	:	Main Market
Offer Price	:	RM1.25 (indicative issue price)
Shares	:	Listing and quotation for the entire 3,550,000,000 units of IGB REIT on the Main Market of Bursa Malaysia Securities Berhad

2. No trading from me today :( My investment bank ask me what to do with OSKPROP-OR today. I told them  i will be buying more tomorrow. Most likely they will ask me again tomorrow. ^^

3. I have standby all my fund for IGB REIT IPO. ^^ Will be Sai Lang on this. ^^ :)

4. Watch List - YTL, YTLP-WB, OSKPROP-OR, WTK, WCT, AMPROP

Patience is A Virtue

1. MSM - Aiyah, if i have the patient to wait a little bit longer. ^^ Too bad sold all of them at RM5.11. Eagerly want to free up more cash for OSKPROP-OR, liquidated too early.

2. OSKPROP-OR - Bought in at RM2.47 and sold at RM2.55. Make a quick contra profit. ^^ :)

3. YTLP-WB - Queue at 0.58 but not done. :( Congratz to hng & Teng, half a cent profit now. :)

4. CK, i don't like N2N platform, it make my execution of trades too slow. I still prefer ExcelForce platform, in which i can standby my buy/sell queue when i am ready to attack/liquidate. HLE has a very stable trading platform, you should consider this rather than MBB.

5. Watch list - WCT, YTLP-WB, OSKPROP-OR, WTK

6. Watching our Dato Lee against Chen Loon now. Good luck. !!

The True Value of OSKPROP-OR

1. OSKPROP - Buying 4 batches, hope to get a quick profit here. ^^

2. OSKPROP-OR - Assuming OR is fully exercised, what is the true value of OR ? One Right comes with 2 Bonus Issue and free 3 Warrants. Estimated actual value of OR :-

1 Right = 0.98

2 Bonus Issue = 0.98 x 2 = 1.96

3 Warrants = 0.98 x 25% x 3 = 0.735 (* as hng pointed out that warrant a least 30% premium but i just quoted 25% here)

Actual value of OR = 0.98 + 1.96 + 0.735 - 1 = RM2.675

Will try to apply excess units. hng, may i know what is the chances of getting excess units ?

3. YTLP-WB - Something fishy on this ? Big buying toward last minute....

4. MSM - Still keeping.

5. Watch list - OSKPROP-OR, MSM, YTLP-WB, YTL

6. Good luck.

Simple & Straight Forward Profitable Trades

1. YTLP-WB - Sold all my Ytlp-wb at 0.595. ^^ Didn't expect such a contrast where mother price goes the opposite way of son's price. ^^ :) Someone expecting big show from YTLP tomorrow ?? Let's wait and see.

2. MSM - Still holding this, will see how it fare tomorrow before deciding what to do with it. ^^ :)

3. OSKPROP - OR will be listing tomorrow, with oskprop closed at 1.01 today, i need OR to be above 2.90 in order to make profit. Hope for the best. ^^ :)

4. Watch list - OSKPROP, YTLP-WB, MSM, ANNJOO, YTL

5. Thanks hng. !! Copy and paste hng's input on Ann Joo. Among the catalyst for Ann Joo are :-

1. Secure steel plate supply contract by mega construction project, namely extension LRT and MRT

2. Secure customized high grade steel contract by Petronas for its Oil and Gas project

3. Newly completed blast furnace commence commercial production in Q2 and contribute maiden revenue to Ann Joo

4. Input cost stabilizing namely scrap metal and molten iron

5. Reduce cost of production through reduction in electricity cost from its state of art RM 650m blast furnace 

6. Absence of inventory write down

and last but not least

7. Tight up with new strategy partner whom have expertise in manufacture high grade steel product. It could be through equity stake sell via private placement at least 20%. With that Lim family effective stake in Ann Joo will be diluted from 66% to 55%